{"id":38751,"date":"2025-01-20T23:02:01","date_gmt":"2025-01-20T23:02:01","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/legal\/corporate-law-and-governance-uk-the-supreme-court-on-the-creditor-duty\/"},"modified":"2025-01-20T23:02:01","modified_gmt":"2025-01-20T23:02:01","slug":"corporate-law-and-governance-uk-the-supreme-court-on-the-creditor-duty","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=38751","title":{"rendered":"Corporate Law and Governance: UK: The Supreme Court on the &#8216;creditor duty&#8217;"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<img decoding=\"async\" alt=\"\" border=\"0\" src=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEi_OoFgZDOaX65rndoX4Rh4lexRDyBX722WpomKG4GRnli3pEEkZCbOjwdqS7oxaOEs1eqITokfLAgf_cZc2668VgsaAebSx5wEGqU5cUfv2YMa7CqqOIu3Dls54LSe7-fwtk3d3bf9EhxY\/s610\/uk-lgflag.gif\" style=\"float: left; margin: 0px 10px 10px 0px; width: 75px;\"\/>And so we have it &#8211; one of the most important company law judgments of recent years: <a href=\"https:\/\/www.bailii.org\/uk\/cases\/UKSC\/2022\/25.html\" target=\"_blank\">BTI 2014 LLC v Sequana SA &amp; Ors [2022] UKSC 25<\/a>. The existence of the common law &#8216;creditor duty&#8217; (also known as the &#8216;rule in West Mercia&#8217; after the case <i>West Mercia Safetywear v Dodd <\/i>[1988] BCLC 250) has been confirmed and its content and application explained. A summary of the judgment is available <a href=\"https:\/\/www.supremecourt.uk\/press-summary\/uksc-2019-0046.html\" target=\"_blank\">here<\/a> and <a href=\"https:\/\/www.bailii.org\/uk\/cases\/UKSC\/2022\/25.image.pdf\" target=\"_blank\">here<\/a> (<i>pdf<\/i>). A summary was also read out by <a href=\"https:\/\/www.supremecourt.uk\/about\/biographies-of-the-justices.html\" target=\"_blank\">Lord Briggs<\/a> in the Supreme Court yesterday &#8211; see below (if the video does not appear below, it can also be found <a href=\"https:\/\/www.youtube.com\/user\/UKSupremeCourt\" target=\"_blank\">here<\/a>):\u00a0<\/p>\n<p><iframe loading=\"lazy\" title=\"BTI 2014 LLC (Appellant) v Sequana SA and others (Respondents) [2022]\" width=\"840\" height=\"473\" src=\"https:\/\/www.youtube.com\/embed\/0YbfCP3ki-E?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>And so we have it &#8211; one of the most important company law judgments of recent years: BTI 2014 LLC v Sequana SA &amp; Ors [2022] UKSC 25. The existence of the common law &#8216;creditor duty&#8217; (also known as the &#8216;rule in West Mercia&#8217; after the case West Mercia Safetywear v Dodd [1988] BCLC 250) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97],"tags":[11520,410,24854,775,7727,12685,2835],"dealstore":[],"offerexpiration":[],"class_list":["post-38751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-corporate","tag-court","tag-creditor","tag-duty","tag-governance","tag-law","tag-supreme"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate Law and Governance: UK: The Supreme Court on the &#039;creditor duty&#039; - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=38751\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate Law and Governance: UK: The Supreme Court on the &#039;creditor duty&#039; - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"And so we have it &#8211; one of the most important company law judgments of recent years: BTI 2014 LLC v Sequana SA &amp; Ors [2022] UKSC 25. The existence of the common law &#8216;creditor duty&#8217; (also known as the &#8216;rule in West Mercia&#8217; after the case West Mercia Safetywear v Dodd [1988] BCLC 250) [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=38751\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-20T23:02:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"581\" \/>\n\t<meta property=\"og:image:height\" content=\"305\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=38751#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=38751\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Corporate Law and Governance: UK: The Supreme Court on the &#8216;creditor duty&#8217;\",\"datePublished\":\"2025-01-20T23:02:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=38751\"},\"wordCount\":124,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=38751#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif\",\"keywords\":[\"Corporate\",\"Court\",\"creditor\",\"Duty\",\"governance\",\"law\",\"Supreme\"],\"articleSection\":[\"Legal\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=38751#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=38751\",\"url\":\"https:\/\/fivemor.com\/?p=38751\",\"name\":\"Corporate Law and Governance: UK: The Supreme Court on the 'creditor duty' - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=38751#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=38751#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif\",\"datePublished\":\"2025-01-20T23:02:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=38751#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=38751\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=38751#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif\",\"width\":581,\"height\":305},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=38751#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Corporate Law and Governance: UK: The Supreme Court on the &#8216;creditor duty&#8217;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Corporate Law and Governance: UK: The Supreme Court on the 'creditor duty' - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=38751","og_locale":"en_US","og_type":"article","og_title":"Corporate Law and Governance: UK: The Supreme Court on the 'creditor duty' - Som2ny Network","og_description":"And so we have it &#8211; one of the most important company law judgments of recent years: BTI 2014 LLC v Sequana SA &amp; Ors [2022] UKSC 25. The existence of the common law &#8216;creditor duty&#8217; (also known as the &#8216;rule in West Mercia&#8217; after the case West Mercia Safetywear v Dodd [1988] BCLC 250) [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=38751","og_site_name":"Som2ny Network","article_published_time":"2025-01-20T23:02:01+00:00","og_image":[{"width":581,"height":305,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif","type":"image\/gif"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=38751#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=38751"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Corporate Law and Governance: UK: The Supreme Court on the &#8216;creditor duty&#8217;","datePublished":"2025-01-20T23:02:01+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=38751"},"wordCount":124,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=38751#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif","keywords":["Corporate","Court","creditor","Duty","governance","law","Supreme"],"articleSection":["Legal"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=38751#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=38751","url":"https:\/\/fivemor.com\/?p=38751","name":"Corporate Law and Governance: UK: The Supreme Court on the 'creditor duty' - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=38751#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=38751#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif","datePublished":"2025-01-20T23:02:01+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=38751#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=38751"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=38751#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/uk-lgflag.gif","width":581,"height":305},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=38751#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"Corporate Law and Governance: UK: The Supreme Court on the &#8216;creditor duty&#8217;"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/38751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38751"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/38751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/38752"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38751"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=38751"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=38751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}